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September 2006

Fridays Academy: Trade Policy and the Poor

Ignacio Hernandez's picture

Like every Friday, from Raj Nallari and Breda Griffith's lecture notes.

 

Although there exists a near-consensus among economists that trade liberalization strongly promotes growth and reduces poverty, concern about its ill effects has not abated among policymakers and the general public. Against this backdrop, in upcoming weeks we will review the links between openness, growth, and poverty reduction after first presenting the rationale for trade.

 

Capturing Value contest winners

Through this seed funding we are hoping to break a chicken-and-egg situation where investors will not invest in emerging markets for lack of information, and research providers will not enter the market for lack of demand. The object of the competition is to lead the market and to provide tools to a mainstream investment audience.

Global Competitiveness Report's new methodology

As you've probably noticed, the World Economic Forum's Global Competitiveness Report 2006-2007 is out. Am I the only one who finds the ‘stages of economic growth’ component of the new methodology to be a bit odd? From Chapter 1.1 (emphasis mine):

Mexico's favorable investment climate

Forbes publisher Rich Karlgaard thinks it's time to invest in Mexico. He cites its solid economic performance (3.5% growth this year), favorable demographics (lots of brand-new workers), consumer credit growth of 400% since 2000 (signaling a healthy middle class, and room to grow in the stock market (currently trading at just 37% of GDP).

Calling Tim Harford fans...

PSD Blog co-founder Tim Harford tells me that the Financial Times is now posting his columns, both Undercover Economist and Dear Economist, free of charge. You can also sign up for the RSS feed. Perhaps an action figure will be next?

Two weeks to go...

The Nobel Prize for Economics will be announced on October 9. Greg Mankiw prompted a lively discussion on possible winners when he linked to Thomson Scientific's predictions:


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